Why BAS Deadlines Matter For Australian businesses registered for GST, lodging a Business Activity Statement (BAS)  on time is a legal obligation. Your BAS reports GST, PAYG withholding, PAYG instalments, and other taxes. Deadlines vary based on whether you lodge monthly, quarterly, or annually. Missing the due date can lead to costly penalties, interest and unnecessary stress. Consequences of Lodging Your BAS Late 1. Failure to Lodge Penalties The ATO can issue a Failure to Lodge (FTL) on...

Financial scams and fraud are on the rise in Australia, and small businesses are increasingly being targeted. From phishing emails to...

Every successful business owner knows that staying on top of your finances is non-negotiable. But it’s not just about looking at your...